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Fast-Track Your Auction Wins with Mortgage Knight

Experience rapid and adaptable auction finance with Mortgage Knight, designed for the fast-paced UK property auctions. Quickly access funds and focus on securing the best investments by reaching out to us

  • Flexible 1-12 Month Terms
  • Custom Finance for Every Buyer
  • Expert Auction Guidance
  • Post-Auction Refinancing Available
Auction Finance

Auction Finance UK - Choosing the right Auction Finance for you

Auction Finance is specifically for those looking to purchase properties at UK auctions. Mortgage Knight delivers this specialised service to cater to the growing interest from both individuals and businesses. Our approach is straightforward, ensuring you can manage your auction investments effectively.
We offer flexible terms and a variety of financing options to accommodate all types of auction buyers. Our team provides essential guidance from your first bid through to post-purchase refinancing, helping you secure the best properties with ease.
Auction Finance UK - Choosing the right Auction Finance for you

What is Auction Finance?

Auction finance provides quick, flexible funding for purchasing properties at auction, ideal for meeting tight deadlines. It allows buyers to access funds swiftly, often within 28 days, ensuring they can confidently secure investment opportunities. This type of financing suits residential, commercial, and mixed-use properties.

Speed of Arrangement

Auction finance can be arranged within days, with offers typically agreed on the same day, ensuring fast access.

Flexible Terms

Financing terms range from 1 to 12 months, allowing buyers to choose terms that perfectly suit their needs.

Loan Amounts

Loans cover a significant property value portion, with AVMs available for 70% Gross LTV to streamline financing for eligible properties.

Interest Rates

Rates range from 0.43% to 0.85% per month, with lower LTV applications securing the most favourable terms.

Security

The loan is secured against the auction property, providing robust security and assurance for both parties involved.

Speed of Arrangement

Auction finance can be arranged within days, with offers typically agreed on the same day, ensuring fast access.

Flexible Terms

Financing terms range from 1 to 12 months, allowing buyers to choose terms that perfectly suit their needs.

Loan Amounts

Loans cover a significant property value portion, with AVMs available for 70% Gross LTV to streamline financing for eligible properties.

Interest Rates

Rates range from 0.43% to 0.85% per month, with lower LTV applications securing the most favourable terms.

Security

The loan is secured against the auction property, providing robust security and assurance for both parties involved.

Experience Mortgage Knight's Flexible Financing

Obtaining the right finance for your auction purchase is straightforward and efficient with our expert services. Whether you’re bidding on apartments, houses, or commercial spaces, our tailored solutions ensure you have the funds you need when you need them.

  • Apartments
  • Houses
  • Offices
  • Shops
  • Land
With Mortgage Knight, you can confidently bid on any property type, knowing our financial solutions will help you meet auction deadlines and secure your investment without delays.

The UK Auction Market - Balancing Opportunities and Challenges

The UK property auction market presents a prime opportunity for investors and developers to secure properties at potentially lower prices. With a range of options from residential homes to commercial buildings, auctions offer a swifter alternative to the traditional property purchase process.

Challenges

Need for Prompt Payment

A 10% deposit is typically required on auction day, with the balance due within 28 days.

Need for Prompt Payment

A 10% deposit is typically required on auction day, with the balance due within 28 days.

Risk of Overbidding

Fierce bidding can result in paying more than the property's true market value, which could strain finances.

Risk of Overbidding

Fierce bidding can result in paying more than the property's true market value, which could strain finances.

Limited Viewing Time

Often, buyers have limited time to inspect properties, which may lead to unforeseen issues after purchase.

Limited Viewing Time

Often, buyers have limited time to inspect properties, which may lead to unforeseen issues after purchase.

Benefits

Potential Bargains

Properties may be acquired for less than market value, presenting a cost-effective investment opportunity.

Potential Bargains

Properties may be acquired for less than market value, presenting a cost-effective investment opportunity.

Variety of Properties

Auctions provide a wide selection, including properties not often found on the open market.

Variety of Properties

Auctions provide a wide selection, including properties not often found on the open market.

Speedy Transactions

The auction process is considerably quicker than traditional methods, enabling faster property acquisition.

Speedy Transactions

The auction process is considerably quicker than traditional methods, enabling faster property acquisition.

Secure Your Final Bid for Property Success with Mortgage Knight

At Mortgage Knight, ensure your auction success with custom financial solutions designed for any property bid. Whether you’re aiming for residential homes or commercial premises, Mortgage Knight is your reliable partner in auction finance.
Expert Auction Finance Guidance

Our dedicated team offers thorough support from start to finish, making sure you are fully informed throughout the process.

Swift and Flexible Financing

We process your finance applications rapidly, often securing approvals the same day, and provide adaptable terms to suit a variety of financial needs.

Ongoing Support Post-Auction

After your purchase, we help you transition your auction finance to a standard mortgage and continue offering advice to optimize your investment.

Frequently Asked Questions

A specialist broker provides expert insights and fast access to tailored auction finance, streamlining the entire process.

While uncommon, flexible options are available to finance a significant portion of your auction property’s purchase.

Yes, first-time buyers can access tailored finance solutions that make navigating the auction process easier.

Yes, Mortgage Knight can connect you with lenders who offer finance options for development plots, supporting a variety of property investment strategies.

Typically, a valuation report is required to ensure the loan reflects the true market value of the property.

A 10% deposit is usually required on the auction day, with terms that can be adjusted based on your circumstances.